Global Patent Index - EP 1025519 A1

EP 1025519 A1 2000-08-09 - INTEGRATED INVENTORY MANAGEMENT SYSTEM

Title (en)

INTEGRATED INVENTORY MANAGEMENT SYSTEM

Title (de)

INTEGRIERTES INVENTARVERWALTUNGSSYSTEM

Title (fr)

SYSTEME DE GESTION D'INVENTAIRE INTEGRE

Publication

EP 1025519 A1 (EN)

Application

EP 99943946 A

Priority

  • US 9919529 W
  • US 14358698 A
  • US 11099098 P

Abstract (en)

[origin: US6061691A] A method is provided for inventory management which includes an initial step of receiving a customer request for an inventory item and then generating a table or menu of one or more inventory items that most closely correspond to the customer request using a price forecasting system. Based on negotiations concerning price, timing and other typical concerns, an item is selected from the table and a price quotation associated with the selected inventory item is generated using the price forecasting system, which price quotation has been predetermined by a yield management system using a pricing strategy. The customer information associated with the customer request is input into a traffic billing system. Information needed for price recalculation associated with the customer request is input into the yield management system. The yield management system recalculates pricing data with in a manner consistent with a pricing strategy implemented by the yield management system, so that price changes caused by a reduction in available inventory due to the customer request are taken into account, and the pricing data accessed by the price forecasting system when a price quotation is generated is updated prior to repeating the process for a subsequent customer request. This method provides more accurate pricing than known systems where order information must be entered manually before a price recalculation can take place, and the yield management system overestimates the amount of available inventory. If the customer request comprises a reservation having an associated probability of later becoming an order, the reservation is taken into account when recalculating prices based on available inventory. Such a process may be integrated for an enterprise made up of a number of member stations each having associated inventory for sale.

IPC 1-7 (main, further and additional classification)

G06F 17/30; G06F 17/60

IPC 8 full level (invention and additional information)

G06Q 10/08 (2012.01); G06Q 30/02 (2012.01); G06Q 30/04 (2012.01); G06Q 30/06 (2012.01)

CPC (invention and additional information)

G06Q 10/087 (2013.01); G06Q 10/0875 (2013.01); G06Q 30/0206 (2013.01); G06Q 30/04 (2013.01); G06Q 30/06 (2013.01); Y10S 707/99943 (2013.01); Y10S 707/99944 (2013.01); Y10S 707/99945 (2013.01); Y10S 707/99948 (2013.01)

Designated contracting state (EPC)

DE FI FR GB

EPO simple patent family

US 6061691 A 20000509; AU 2003264625 A1 20040108; AU 2003264625 B2 20070816; AU 5693699 A 20000321; AU 765503 B2 20030918; CA 2306729 A1 20000309; CA 2306729 C 20070410; EP 1025519 A1 20000809; EP 1025519 A4 20050511; US 2002002517 A1 20020103; US 6253187 B1 20010626; US 6567824 B2 20030520; WO 0013109 A1 20000309

INPADOC legal status


2010-02-03 [18D] DEEMED TO BE WITHDRAWN

- Effective date: 20090811

2009-03-18 [17Q] FIRST EXAMINATION REPORT

- Effective date: 20090129

2005-05-11 [A4] SUPPLEMENTARY SEARCH REPORT

- Effective date: 20050331

2005-05-11 [RIC1] CLASSIFICATION (CORRECTION)

- IPC: 7G 06F 17/30 A

2005-05-11 [RIC1] CLASSIFICATION (CORRECTION)

- IPC: 7G 06F 17/60 B

2004-05-12 [RBV] DESIGNATED CONTRACTING STATES (CORRECTION):

- Designated State(s): DE FI FR GB

2000-08-09 [17P] REQUEST FOR EXAMINATION FILED

- Effective date: 20000526

2000-08-09 [AK] DESIGNATED CONTRACTING STATES:

- Kind Code of Ref Document: A1

- Designated State(s): AT BE CH CY DE DK ES FI FR GB GR IE IT LI LU MC NL PT SE